Operations Content

On 17 October, the Financial Stability Board (FSB) published a consultation report on a Format for Incident Reporting Exchange (FIRE). Responses to the Consultation are requested by 19 December 2024 and ICI plans to submit a response.

The Investment Company Institute submitted its views on the Accelerated Settlement Taskforce Technical Group’s draft recommendations and report. The Report sets forth draft operational recommendations to facilitate the UK’s move to shorten its settlement cycle, focusing on the...

The North American Securities Administrators Association has been encouraging states to require mutual funds to submit state registration filings through an electronic filing system called Electronic Filing Depository that NASAA developed and maintains. Mutual funds are currently...

On October 21, 2024, ICI submitted a comment letter to nine federal agencies, including the Securities and Exchange Commission, on their proposal to jointly establish data standards for collections of information reported to the Agencies under the Financial Data Transparency Act of...

For review is a draft ICI comment letter to the proposal issued by nine federal agencies including the Securities and Exchange Commission, to jointly establish data standards for collections of information reported to the Agencies under the Financial Data Transparency Act of 2022.

ICI submitted an analysis of tax implications resulting from recent SEC money market fund reforms to the U.S. Treasury and requested a meeting to discuss these tax issues.

On 27 September, the United Kingdom Accelerated Settlement Taskforce Technical Group published a consultation report, with draft operational recommendations to facilitate the UK's move to shorten its settlement cycle from two days after the trade date (T+2) to one day (T+1).

The ICI Spreadsheets and instructions for use in reporting 2024 tax information are available on the ICI website, at: https://www.ici.org/year-end-tax-reporting. ICI members populate tax information in these spreadsheets on behalf of the regulated investment companies that they manage...

As required by the Financial Data Transparency Act of 2022, several federal financial regulators, including the SEC, published a proposal to establish joint data standards. The purpose of the Proposal is to promote the interoperability of financial regulatory data across the Agencies.

On August 12, 2024, ICI submitted the attached comment letter to the U.S. Department of the Treasury's ("Treasury") on the "Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector" (the "RFI"). Treasury issued the RFI on...